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Indonesia’s economy has rebounded from the recession as consumers and businesses resumed activities and a global economic recovery boosted exports, according to insiders.

Indonesia's economy continued to shrink at 0.74 percent year-on-year in the first quarter of 2021, according to Statistics Indonesia (BPS) head Suhariyanto.

Indonesia’s export value hit 18.35 billion USD in March, the highest level since the 18.64 billion USD posted in August 2011, according to the Statistics Indonesia (BPS).

More than three-fourths of workers in Indonesia who had to leave their job since May 2020 due to the COVID-19 pandemic have returned to work, according to Indonesian Minister of Finance Sri Mulyani.

The Indonesia’s economy may expand 5 percent in 2021, Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan said at the forum on development prospect 2021 on October 21.

Indonesia saw the poverty rate rise to 9.78 percent in March from 9.22 percent last September, with 26.42 million people living below the poverty line as of March, according to Statistics Indonesia (BPS).

Statistics Indonesia (BPS) announced on July 1 that Indonesia had welcomed only 163,646 foreign tourist arrivals in May, a drop of 86.9 percent year-on-year, due to the impact of COVID-19 pandemic.

Indonesian Minister of Tourism and Creative Economy Wishnutama Kusubandio has revised down the number of foreign tourists to Indonesia in 2020 from 16 million to 5 million amid the spread of COVID-19.

Indonesia recorded a 2.34 billion USD trade surplus in February as exports rose but import edged down significantly, according to the Indonesian Statistics Indonesia (BPS).

Indonesia has decided to postpone a tourism stimulus package following two confirmed cases of the acute respiratory disease caused by SARS-CoV-2 (COVID-19).

Indonesia posted an economic growth rate of 5.02 percent in 2019, the lowest since 2015, Statistics Indonesia (BPS) announced on February 5.

The Statistics Indonesia (BPS) has started to include prices of services provided by ride-hailing providers Gojek and Grab in the country's inflation calculation.

Indonesia’s decade-low inflation rate has sparked concern among several economists that it foreshadows a further weakening of the largest economy in Southeast Asia.

The number of foreign tourist arrivals to Indonesia in 2019 may fall short of the government’s target of 18 million after attracting only 13.62 million in January - October.

The Statistics Indonesia (BPS) announced on November 4 that the country’s economic growth reached 5.02 percent in the third quarter, the lowest level in more than two years.

The number of foreign tourists to Indonesia reached only 1.4 million in September, down 10.10 percent from the previous month, according to Statistics Indonesia.

Indonesia’s gross domestic product (GDP) growth could slow to 4.9 percent in 2020 and 4.6 percent in 2022 amid intensifying risks such as the escalating trade tension between China and the US, according to the World Bank.

Indonesia’s inflation was 0.68 percent in May, higher than the 0.44 percent registered in April due to high consumption during the month of Ramadan, according to Statistics Indonesia (BPS).

Indonesia’s economy has slowed down slightly in the third quarter of 2018, lower than the previous quarter’s growth due to capital outflows, weaker exports, and household spending.

Indonesia saw strong increases year-on-year in goods shipments overseas in May as some global commodities prices rose.